Netflix Narrowly Avoided Doom In 2013
Netflix (NFLX) CEO Reed Hastings is a spin-master, second only to Jeff Bezos. No matter what results Netflix reports, things are always sunny. Those who mock the old price increases and Quikster debacle forget that the stock rose on the day of the announcements. The latest slight of hand is the move to explore taking advantage of the current low interest rate environment, while stating that Netflix has sufficient cash on hand to fund expenses. This is not true. In fact, if Netflix had not issued additional debt, there is a strong likelihood of financial disaster in 2013.
This same argument was used last time Netflix sought financing in late 2011, but this time around, people seem to fully believe the argument. Ironically, Hastings' spin is more misleading than in 2011. I will provide a look at the massive content obligations due in 2012 (minimum of $2.45 billion). For those looking for a good story about Netflix, I suggest Rocco Pendola's piece from early January. Rocco is a story investor, not a numbers guy, but I believe few people in the world have a better grasp of the business model situation.
BIGGEST SCAM LOOT WITH ALL FRAUD COOK BOOK/MASSIVE PRICE VOLUME MANIPULATION FRAUD IN NETFLX TRADING PIT CONTINUES WITH FULL PROTECTION PROVIDED BY ALL WATCH DOG AGENCIES AND HIGH TREASON CRIMINAL RULERS IN USA....ALL SCAMS PUT TO SHAME by criminal Thug Reed Hastings scam gang
FBI/DOJ/S.E.C/FINRA all working fro FRAUD STREET BANKSTER FINANCIAL TERRORIST IN USA
99% Are history in USA without revolution: RED ALERT IN USA
4 Secretive Ways Wall Street Extorts You
By Les Leopold  - AlterNet
RED ALERT IN USA
SCOTT DEVITT AT MORGAN STANLEY AND GOLDMAN SACHS KEY CRIME PARTNERS IN BIGGEST SCAM MANIPULATION NETFLIX FRAUD TRADING PIT ON USA WALL (NOW FRAUD) STREET CASINO
FRAUD TARGETS AND FRAUD RESEARCH REPORTS SINCE 2010/11/12 AND NOW 2013
THESE CRIMINAL FRAUD LOOT GANG HAS BROKEN ALL FRAUD LOOT RECORDS IN ENTIRE HISTORY OF WALL STREET CASINO; I ESTIMATE OVER $35B+ FRAUD LOOT BY NEXUS SCAM GANG AND PROTECTION PROVIDED BY ALL WATCH DOG AGENCIES.....NEVER WITNESSED SUCH A FRAUD LOOT EVER BEFORE
Morgan Stanley reiterated its Overweight Rating on Netflix (Nasdaq: NFLX) and raised its price target from $160 to $200.